Chemical imbalance: Weak demand for photographic chemicals will hurt revenue growth

Although the Chemical Product Manufacturing industry is highly fragmented and diverse, it comprises a significant part of the US chemical sector. Over the five years to 2018, industry revenue is expected to fall slightly. However, an increase in crude oil prices over the past two years will help operators raise selling prices. Chemical manufacturers rely heavily on downstream demand from the manufacturing sector, especially from automotive and appliance industries. Manufacturing activity in several key end markets has slowed down over the past two years. International trade also plays a significant role in this industry. Declining demand for certain chemicals and lower production costs abroad pressured some operations to consolidate...purchase to read more.

Industry Statistics & Market Size
Revenue
$42bn
Annual Growth 13-18
-0.3%
Forecast Growth 18-23
Profit
Employment
61,058
Businesses
1,773
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Declining demand for certain chemicals and lower production costs abroad even pushed some operations to consolidate
  • Changes in crude oil prices directly affect the cost of production
  • Demand for chemicals used in construction materials is anticipated to increase
  • Industry Report - Industry Key Buyers Chapter

    Industry concentration for the Chemical Product Manufacturing industry is low, with the top two players accounting for less than 5.0% of total industry revenue in 2018. This number reflects the fragmented nature of the industry and the diverse range of products produced by a large number of small players. Another indication of this low concentration is that 64.9% of total establishments employ fewer than 20 people, with 26.7% employing between 20 and 99 people and 8.4% employing 100 or more people. Nevertheless, the level of concentration may vary by product segment. For example, global heavyweights Eastman Kodak Company and Fujifilm Holdings Corporation play important roles in the photographic chemicals and materials segment...purchase to read more.

    Additional Insights for the Chemical Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Chemical Product Manufacturing Industry are

  • Ability to expand and curtail operations rapidly in line with market demand
  • Concentration on core business
  • Optimum capacity utilization
  • IBISWorld analysts also discuss how external factors such as World price of crude oil and Industrial production index in the Chemical Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Chemical Product Manufacturing Industry?

    Operators in this industry manufacture a diverse range of chemical products. Key activities include custom-compounding of plastic resins and manufacturing toners, toner cartridges, photographic chemicals and sensitized photographic film, paper and plates. Custom-compounding of plastic resins includes custom mixing and blending of purchased plastic resins and reformulating plastic resins from recycled plastic products.

    Industry Products
  • Custom-compounding of resins
  • Photographic films, papers and plates
  • Evaporated salt
  • Gelatin
  • Water-treating compounds
  • Automotive chemicals
  • Industry Activities
  • Custom-compounding resins
  • Reformulating plastic resins from recycled plastics products
  • Manufacturing sensitized film, paper, cloth and sensitized plates
  • Manufacturing toners and toner cartridges
  • Manufacturing photographic chemicals
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of crude oil
  • Industrial production index
  • Per capita disposable income
  • Trade-weighted index

  • Current Performance
  • Uneven demand
  • Declining demand for photographic chemicals and materials
  • Profit and consolidation
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Tempered growth among industry segments
  • Squeezed profit
  • Rising exports and imports
  • Table: Chemical Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Chemical Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Manufacturing
  • Office Stationery Wholesaling
  • Camera Stores

  • Key Selling Industries
  • Inorganic Chemical Manufacturing
  • Organic Chemical Manufacturing
  • Paper Mills
  • Plastic & Resin Manufacturing
  • Wood Pulp Mills

  • Products & Services
  • Other
  • Custom-compounding of resins
  • Photographic films, papers and plates
  • Water-treating compounds
  • Automotive chemicals
  • Evaporated salt
  • Gelatin
  • Chart: Chemical Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing sector
  • Automobile industry
  • Households
  • Exports
  • Construction sector
  • Other
  • Chart: Major Market Segmentation for the Chemical Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Chemical Product Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Chemical Product Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Chemical Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Chemical Product Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • World Price of Crude Oil (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Feedstock
  • A raw material supplied to a machine or processing plant that is used for manufacturing.
  • Polymer
  • A chemical compound that has repeating structural units; the term is often used as a synonym for plastic.
  • Sensitized Material
  • A material made sensitive to light by coating it with a photographic emulsion.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Chemical Product Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Chemical Product Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Chemical Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Chemical Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Chemical Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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